Common use of Registration of Mortgaged Property Clause in Contracts

Registration of Mortgaged Property. 4.1 Both parties shall go through the procedures of the mortgage registration at the corresponding registration authority within 3 working days upon the date of the conclusion hereof. Party A shall deliver the other rights certificate of the mortgaged property, the original mortgage registration document and other rights certificates to Party B upon the date of completion of the mortgage registration. The right of mortgage hereunder shall be established from the date that the legal procedures of the mortgage registration specified by the previous articles are completed.

Registration of Mortgaged Property. 4.1 Both parties shall go through the procedures of handle the mortgage registration formalities at the corresponding registration authority authorities within 3 30 working days upon after the date signing of the conclusion hereofthis Contract. Party A shall deliver submit the other rights certificate of the mortgaged property, certificates and the original mortgage registration document documents of the mortgaged property and other rights certificates to Party B upon for holding on the date of completion of the mortgage registration. The right of mortgage hereunder shall be established from the date that the legal procedures of the mortgage registration specified by the previous articles are completed.